Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Socket Mobile's share price for the quarter that ended in Dec. 2023 was $1.16. Socket Mobile's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 7.34 Mil. Therefore, Socket Mobile's market cap for the quarter that ended in Dec. 2023 was $8.51 Mil.
Socket Mobile's quarterly market cap
declined
from Jun. 2023 ($10.52 Mil) to Sep. 2023 ($8.35 Mil) but then
increased
from Sep. 2023 ($8.35 Mil) to Dec. 2023 ($8.51 Mil).
Socket Mobile's annual market cap
declined
from Dec. 2021 ($29.31 Mil) to Dec. 2022 ($13.68 Mil) and
declined
from Dec. 2022 ($13.68 Mil) to Dec. 2023 ($8.51 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Socket Mobile's Enterprise Value for Today is $11.23 Mil.
Socket Mobile Market Cap Historical Data
The historical data trend for Socket Mobile's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Socket Mobile's Market Cap
For the Computer Hardware subindustry, Socket Mobile's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Socket Mobile's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Socket Mobile's Market Cap distribution charts can be found below:
* The bar in red indicates where Socket Mobile's Market Cap falls into.
Socket Mobile Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Socket Mobile's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Socket Mobile (NAS:SCKT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Socket Mobile Market Cap Related Terms
Thank you for viewing the detailed overview of Socket Mobile's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Socket Mobile (Socket Mobile) Business Description
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia, and the rest of the world, out of which the majority of the revenue is generated from the United States.
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